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February 2013
January 2013 Treasurer's Report
Account balances as of December 31, 2012  

 

Please note the following corrections highlighted in blue 

 

Checking           $2,166.80

 

Money Market         $39,702.36

 

Total Assets       $41,869.16

Revenues

Dues Revenue (Current Year)       $0.00
(Current Year Late Fees)       $0.00
(Prior Year Dues & Late Fees)       $0.00
Prepay or misapplied       $0.00
Advertising     $660.00
Interest Income       $1.79
Total Revenues       $661.79

Expenditures

BB&T (banking fees)     $2.00
G.P. Landscaping     $1,936.00
JC Wordworks, LLC     $600.00
Tray PML (Annual meeting mailers)    715.46
Fence Connection (Basketball court gate repair)    750.00
Michael S. Neall Associates (Legal advice)    $39.00
John Remias (Community luminaries and Beacon flyer)    $826.00
Paul Cain (Monthly meeting expenses)    $60.79
Total Expenditures     $4,929.25

Year-to-Date Revenue       $72,185.35
Year-to-Date Expenditures       $63,877.74
NET TOTAL      
$8,307.61 


HousingReportNeighborhood Housing Report 
Courtesy of Ann Chumney, Coldwell Banker Agent and 18-year Bay Hills Resident
 
After six years of a struggling market, the prediction is that this year will be a positive one for the housing  industry. All market researchers report that we have turned the corner in 2012, with the number of home sales up 13.8% over 2011 in Anne Arundel County and median home prices up 5.4%.  They predict that the same forces that caused these increases will be in play again this year: housing demand fueled by low interest rates, fewer foreclosures and a low inventory of homes on the market.  The supply of homes for sale fell to 4.8 months, the lowest level since 2005.

The inventory is really low so agents are calling me to see if we have anything coming on in our neighorhood.  If you or someone you know are planning to sell, please call me for a free market analysis, and if you list with me, I provide professional marketing and photography, a home-staging consultation and a complimentary pre-listing basic house cleaning. You can contact me at kchumney@cbmove.com or 410.693.4880.   Please send me your email for the MarketWatch monthly.  Let's get our neighborhood housing prices back up!

Recap of houses sold in 21012    (BAY HILLS SINGLE FAMILY)

ADDRESS                             SOLD PRICE           LIST PRICE    DOM     SELLER HELP      BD        BA

513 Bay Green Drive             $347,500         $369,900         36          $13,347               3           2

1130 Old Stone Lane             $439,000        $439,000          64          $10,000               3           3

601 Bay Hills Drive                 $427,000         $449,000        54                 0                      5           3

521 Augusta Drive                  $475,000         $489,000        41        $10,000                  4          2.5

Currently active listed

627 Bay Green Drive        $450,000    4 BR    2.5 BA

503 Golf Circle                  $439,000    4 BR    2.5 BA

522 Bay Green Drive         $449,000    4 BR    2.5 BA

Pine Valley sold in 2012

704 Pine Valley Ct              $285,000            $304,000          13           0                         3          2FU 2 HA

1111 Brassie Ct                   $290,000            $335,500          64         $   409                 3          3.1

1110 Brassie Ct                   $309,000            $309,750          16         $9,270                 3          2 FU 2 HA

772 Pine Valley Dr              $300,000            $315,000        174            0                        2          2 FU 2 HA

743 Pine Valley Dr              $310,000            $350,000          69            0                        3          2 FU 2 HA

722 Spoon Ct                      $310,000            $359,000           75            0                        3          2 FU  2 HA

Reader Ads 

The BHCA welcomes ads from residents for non-commercial services and items for sale. Submit your ad by the 15th of the month prior to Beacon@BayHillsOnline.com with your name, address, and dates to run. Please keep ads to 30 words or less. Ads may be edited for style and length.